These revolving credit accounts let you borrow against the equity in your primary residence at any time to pay for practically anything, simply by writing a check. You have the flexibility to borrow only what you need at the time, and you only pay interest on that amount until it’s paid back. Your credit line is continuously reloaded, so you can borrow up to your credit limit repeatedly for as long as your account is open. United Bank offers very competitive low rates and favorable terms for Home Equity Lines of Credit. United Bank takes care of all the paperwork and send you monthly statements for your convenience. And the interest you pay is even tax-deductible in most cases. (Please consult your tax advisor.)

Features:

• No set-up fees
• Interest-only minimum payment required
• Easy access to funds whenever needed
• Revolving account allows repeated draws up to credit limit as principal is repaid without reapplying
• Interest paid is tax-deductible in most cases